Calculate Ideko's unlevered cost of capital when Ideko's unlevered beta is 1.23, the risk-free rate of return is 5.05 percent and the expected market risk premium is 5.64 percent. As a reference, the equity betas with confidence intervals along with capital structure and unlevered beta estimates for comparable firms are shown here,

	Monthly Returns		10-Day Returns
Firm	Beta	95% C.I.	Beta	95% C.I.
Oakley	1.99	1.20 to 2.80	1.37	0.90 to 1.90
Luxottica	0.56	0.00 to 1.10	0.86	0.50 to 1.20
Nike	0.48	-0.10 to 1.00	0.69	0.40 to 1.00

he estimate of Ideko's unlevered cost of capital is what percent? Round 2 decimal places